Sir Frederick Alfred Laker (6 August 1922 – 9 February 2006) was a British airline entrepreneur, best known for founding Laker Airways in 1966, which went bankrupt in 1982. Laker was one of the first airline owners to adopt the "no-frills" airline business model that has since proven to be very successful worldwide with companies such as Southwest Airlines, Southwest was one of the few other "no-frills" airlines in the world when Skytrain was launched Ryanair, easyJet, AirAsia, WestJet and Virgin Australia.

04.05.2010 by The Quietus The Pink Pound was becoming a growing force to be reckoned with and thanks to Sir Freddie Laker, whose Laker Airways were the first 'no-frills' airline, the Disco Mecca of New York City suddenly became an easily affordable destination. ...